The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Simmons & Simmons has missed its budget for the first half of the year, despite seeing its turnover increase by 5.5 per cent over the six months.
The firm expected to see its turnover increase by 7 per cent in comparison to the first half of 2007-08, but undershot the target by 1.5 percentage points.
Simmons & Simmons managing partner Mark Dawkins said that the firm's offices in Europe, the Middle East and China performed well, and that the M&A and finance practices remained strong in the downturn.
He added: "The second half is going to be tough but we feel reasonably well placed."
Transactions for the firm include roles advising the Ministry of Defence on a £635m flight training contract and a £13bn deal to replace its air-to-air refuelling fleet.
The past six months have been mixed for law firms. Eversheds has reported revenues sitting 4 per cent down at the half-year stage (TheLawyer.com, 4 November), while Trowers & Hamlins boosted turnover by 16 per cent (TheLawyer.com, 4 November).